MoneyHero Ltd (NASDAQ: MNY)

Sector: Communication Services Industry: Internet Content & Information CIK: 0001974044
Market Cap 47.79 Mn
P/B 1.24
P/E -2.00
P/S 0.69
ROIC (Qtr) -43.94
Div Yield % 0.00
Rev 1y % (Qtr) 0.88
Total Debt (Qtr) 1.14 Mn
Debt/Equity (Qtr) 0.03

About

Price action

Investment thesis

Bull case

  • Healthy cash reserves of 27.92M provide 36.55x coverage of short-term debt 764000, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 74.45M provides 65.48x coverage of total debt 1.14M, indicating robust asset backing and low credit risk.
  • Retained earnings of 38.41M provide full 102.99x coverage of long-term debt 373000, indicating strong internal capital position.
  • Long-term investments of 760000 provide solid 2.04x coverage of long-term debt 373000, indicating strategic financial planning.
  • Tangible assets of 74.45M provide robust 25.01x coverage of other current liabilities 2.98M, indicating strong asset backing.

Bear case

  • Investment activities of 0 provide weak support for R&D spending of 4M, which is 0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Operating cash flow of 0 provides minimal 0x coverage of tax expenses of 33928, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • R&D investment of 4M represents just 0.08x of SG&A expenses of 49.68M, indicating potential underinvestment in innovation relative to administrative overhead.
  • Other non-current assets of (1000) provide minimal coverage for long-term debt of 373000, which is -0x, indicating potential asset-liability mismatch.
  • Operating cash flow of 0 provides only 0x coverage of R&D expenses of 4M, suggesting vulnerability in maintaining innovation investments.

Geographical areas [axis] Breakdown of Revenue (2024)

Geographical markets Breakdown of Revenue (2024)

Peer comparison

Companies in the Internet Content & Information
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 GOOGL Alphabet Inc. 4,538.16 Bn 131.46 27.23 33.71 Bn
2 META Meta Platforms, Inc. 1,747.49 Bn 74.30 23.25 51.06 Bn
3 SPOT Spotify Technology S.A. 103.00 Bn 62.32 5.18 2.57 Bn
4 BIDU Baidu, Inc. 62.73 Bn 49.63 3.42 13.66 Bn
5 RDDT Reddit, Inc. 32.18 Bn 92.16 16.90 0.03 Bn
6 NBIS Nebius Group N.V. 27.81 Bn 127.53 81.80 4.51 Bn
7 TME Tencent Music Entertainment Group 24.66 Bn 15.77 5.54 0.54 Bn
8 PINS Pinterest, Inc. 16.95 Bn 8.53 4.18 0.21 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.24 1.10
EV to Cash from Ops. EV/CFO -0.75 -3.08
EV to Debt EV to Debt 16.29 28.98
EV to EBIT EV/EBIT -0.78 -26.54
EV to EBITDA EV/EBITDA -0.59 9.30
EV to Free Cash Flow [EV/FCF] EV/FCF -0.74 -67.01
EV to Market Cap EV to Market Cap 0.39 0.90
EV to Revenue EV/Rev 0.27 61.25
Price to Book Value [P/B] P/B 1.24 1.56
Price to Earnings [P/E] P/E -2.00 2.92
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 0.33
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 -8.92
Dividend per Basic Share Div per Share (Qtr) 0.00 0.31
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 2.58
Interest Coverage Int. cover (Qtr) -491.23 -202.56
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 -24.06
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -41.41 175.36
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 0.94
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 76.21 31.53
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 -472.14
EBIT Growth (1y) % EBIT 1y % (Qtr) 76.22 32.66
EBT Growth (1y) % EBT 1y % (Qtr) 79.03 -25.80
EPS Growth (1y) % EPS 1y % (Qtr) -101.77 -18.36
FCF Growth (1y) % FCF 1y % (Qtr) 0.00 20.83
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 9.00 19.58
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.91 0.74
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 0.76 1.54
Current Ratio Curr Ratio (Qtr) 1.96 3.38
Debt to Equity Ratio Debt/Equity (Qtr) 0.03 -0.39
Interest Cover Ratio Int Coverage (Qtr) -491.23 -202.56
Times Interest Earned Times Interest Earned (Qtr) -491.23 -202.56
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) 0.00 -4,283.87
EBIT Margin % EBIT Margin % (Qtr) -34.42 -4,786.62
EBT Margin % EBT Margin % (Qtr) -34.49 -5,002.12
Gross Margin % Gross Margin % (Qtr) 51.10 58.65
Net Profit Margin % Net Margin % (Qtr) -34.50 -5,003.08